There are many different kinds of payment processing machines. The payment processing equipment can come with or without a printer, varied memory storage, different programming capabilities, and may or may not be upgradeable. The other options include wireless or wired credit card processing terminals.
There are advantages and disadvantages to each kind of terminal. You can tell a consultant the type of business that you have and how you do business to get help determining which terminal is going to be the best for the unique and individual needs of your business. There are many advantages to a wireless terminal; these are a few of them.
SECURITY OF A WIRELESS CARD TERMINAL
When the card doesn’t leave the possession of the cardholder, there is less chance of loss, security breeches, card mix up, or unfounded accusations. With a wireless terminal, a cardholder can swipe their own card from the convenience of their table or their car (drive up sales).
CONVENIENCE OF A WIRELESS CARD TERMINAL
For events outdoors, sidewalk sales, etc. a wireless card processing terminal is lightweight, small, and convenient to carry around. Some terminals have holsters to make it easier to carry it to the customer. Even for terminals that will be near a register, it simplifies installation of the card processing equipment, because there doesn’t need to be a direct cable or phone line.
STORE AND FORWARD TECHNOLOGY
Though the card cannot be verified in real time, some wireless credit card processors are able to store the information to be downloaded and processed when in range of a wireless connection. The swiping will qualify the transactions for the lower rate.
LAPTOP CREDIT CARD PROCESSING
Connect a specially designed card reader to your laptop to turn your laptop into a credit card processing terminal. As long as your laptop is connected to the Internet, you can process payments anywhere. This can also give you invoice printing capabilities with a portable printer attached to your laptop.
To find out more about wireless credit card processing equipment and payment processing services that are available, contact Merchant Data Systems today.
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